A Track Record of Investor Success

NES Financial offers a comprehensive set of EB-5 escrow and fund administration solutions covering the entire EB-5 investment life cycle. These solutions enable investors to have access to detailed information in real-time to show how their investment is performing and how their funds are being managed. These solutions also provide EB-5 issuers with an efficient way to track job creation and key immigration filing dates in order to increase the likelihood of the investor’s immigration success.

As the industry’s leading provider of these services, NES Financial’s solutions have been used in over 450 EB-5 projects, representing more than $20 billion USD. Thousands of investors have attained immigration success by investing in projects with our solutions.

A Team of Seasoned Professionals

The NES Financial management team is comprised of an experienced group of professionals with an impressive track record of leadership in cutting-edge companies across the fields of technology, finance, law, consulting, and public service.

Michael Halloran

Group Holdings Board member; Group Head of Technology & Strategy; CEO of ICS USA
Michael Halloran

Group Holdings Board member; Group Head of Technology & Strategy; CEO of ICS USA

Founder of NES Financial, Michael drives the vision of the company and established the core value of continually raising the bar for best practices and transparency in fund administration. He is passionate about better financial administration solutions delivered through improved utilization of technology, greater administrative efficiency, and best in class sector expertise. Michael brings years of experience, including enterprise class real-time technology solutions for financial risk management, compliance, sales, and marketing. He has previously worked extensively with major corporations such as Intel, Microsoft, Charles Schwab, and Nikon.

Wouter Plantenga

Wouter Plantenga

ICS Head of Group Client Services
Wouter Plantenga
Wouter Plantenga

ICS Head of Group Client Services

Wouter joined JTC in 2018 as ICS Head of Group Client Services to strengthen JTC’s US strategy. He has nearly 20 years’ experience, the majority of this time being in the US, in cross-border and transatlantic financial services with extensive knowledge of the North American market.

Having worked for multiple large corporate and trust service providers throughout his career, Wouter gained extensive experience with assisting US based alternative investment funds, financial institutions and multinational companies with delivering bespoke service solutions. Before joining JTC, Wouter held the position of Managing Director at Intertrust overseeing both operational as well as multiple business development teams in the US.

Wouter is primarily based in Miami and New York and sits on JTC’s ICS Global board. Wouter is also a Dutch trained corporate lawyer.

Tom Steipp, President & Chief Operating Officer

Tom Steipp

President, Chief Operating Officer
Tom Steipp, President & Chief Operating Officer
Tom Steipp

President, Chief Operating Officer

Having served on the Board of Directors of NES Financial since 2008, Tom Steipp is a seasoned senior executive with a track record of leading and transforming global technology companies. Tom was instrumental in the development and launch of new technologies as the CEO of Symmetricom and Liquidmetal Technologies. Prior to those positions, he was the Vice President and General Manager of Broadband Data Networks at Scientific-Atlanta and held various Marketing and GM positions at Hewlett-Packard. Tom graduated from the United States Air Force Academy with a B.S. in Electrical Engineering before earning his M.B.A. from Purdue University. He also holds a Masters Professional Director Certification from the American College of Corporate Directors (ACCD). He is a results-oriented leader with a history of successfully building teams, and optimizing operations to maximize earnings and build shareholder value.

Reid Thomas

EVP, General Manager – SFA
Reid Thomas

EVP, General Manager – SFA

Reid Thomas is Executive Vice President and General Manager of NES Financial’s Specialty Financial Administration, focusing on technology-enabled EB-5, 1031 and Opportunity Zone fund administration.

Reid is responsible for overseeing the day to day operations of the Specialty Financial Administration business unit. To this role he brings decades of leadership experience in both public and private companies, primarily in high-growth Silicon Valley technology companies. At NES Financial, Reid has been instrumental in the rapid growth of the company's EB-5 and Opportunity Zone businesses, working to develop the purpose-built software solutions and dedicated client services teams, which have propelled the company into leadership positions in both industries.

Reid actively contributes to both the EB-5 and Opportunity Zone communities as a writer and as a speaker at events and conferences across the country. In 2018, he received IIUSA’s “Industry Game Changer” award for his visionary work in the EB-5 space.

John Hart, Chief Financial Officer

John Hart

Chief Financial Officer
John Hart, Chief Financial Officer
John Hart

Chief Financial Officer

As Chief Financial Officer, John will be responsible for partnering with the two divisional Presidents to drive economic growth while overseeing all aspects of our financial operations. With more than 20 years of industry experience, John is a seasoned senior executive with an impressive track record of helping to build successful businesses with strong financial disciplines and operational excellence. His prior experience includes senior management assignments at Varian, Apple and Dell, where he successfully led teams tackling a variety of global financial issues.

John holds a B.B.A. in Finance from Texas State University.

Izak Joubert

Chief Technology Officer
Izak Joubert

Chief Technology Officer

Izak has over 25 years of experience in designing and deploying enterprise software solutions. He has extensive experience in large commercial software solutions in the ERP, CRM, B2B, and EAI sectors. Prior to joining NES Financial, he was VP Engineering and Chief Architect for H Corporation where he was responsible for the overall architecture, technical design, and product strategy for all their products. Izak is well versed in several technologies including Microsoft .NET, relational database technologies including HTML, DHTML, XML, and Javascript as well as Web-services working with the latest published W3C standards. He has worked with several large organizations, including Stanford University Graduate School of Business, Cisco Systems, Intel, AMD, Flextronics, HP, and KLA Tencor.

Kelly Alton

Executive Vice President, General Counsel
Kelly Alton

Executive Vice President, General Counsel

Kelly is responsible for the management of the NES Financial legal department and has oversight of all legal matters on a day-to-day basis. She creates and implements the legal structures for NES Financial’s array of fund administration, trust, escrow, and 1031 exchange solutions. Kelly is a leading attorney with over 30 years of experience in federal income taxation and banking and fiduciary law. She brings unique capabilities to NES Financial, combining experience as a manager in the Office of Chief Counsel at the Internal Revenue Service National Office in Washington, D.C. with major law firm and Big Four accounting firm experience. Kelly also helped develop significant 1031 exchange guidance during her tenure with the IRS. She is a nationally recognized expert on all types of 1031 exchanges, including reverses, and writes and speaks frequently on these subjects. Kelly holds a J.D. degree from Harvard University and is admitted to the bars of California and Illinois.

Dawn Shuster

Senior Vice President, Client Services
Dawn Shuster

Senior Vice President, Client Services

With over 24 years of financial transaction administration experience, Dawn leads NES Financial’s fund administration and Client Services operations. Dawn’s background managing Client Service and cash processing / treasury teams for a line of business of JPMorgan Chase and subsequently with NES Financial, gives the company unique capabilities in high volume fund administration transaction processing. Responsible for over $85 billion of annual transaction volume, Dawn helps define internal fund administration and Client Service process automation. She is also responsible for managing ongoing Business Continuity planning and annual external SSAE 16 audits of the NES Financial operation.

Michael Richards, Senior Vice President, Fund Accounting

Michael Richards

Senior Vice President, Fund Accounting
Michael Richards, Senior Vice President, Fund Accounting
Michael Richards

Senior Vice President, Fund Accounting

Having over 16 years of experience working in technology and marketing, Scott leads product marketing at NES Financial. Specifically, he is tasked with identifying customer and market needs and defining how NES Financial’s technology and services teams can best fulfill those requirements. Scott has spent a tremendous amount of time working directly with financial institutions and large corporate customers with complex financial process and administration requirements. Over his six years with NES Financial, he has developed in-depth expertise in business process automation, technology integration, and fund administration.

Laura Kelly

Vice President, Marketing
Laura Kelly

Vice President, Marketing

With 20 years of strategic marketing experience in the financial and high-tech industry, Laura leads the marketing strategy and execution for NES Financial’s marketing. Prior to joining NES Financial, Laura spent eight years at VISA where she led marketing consulting to their top 25 financial institution clients to launch, promote, and drive sales of all VISA products. Laura has held senior marketing positions at both financial and high-tech companies, including Business Objects, Charles Schwab, Bank of America, and Pickett Communications. Laura holds a bachelor’s degree from Saint Cloud State University and has an MBA from the University of Saint Thomas.

Lou van Dyk

Vice President, Information Technology
Lou van Dyk

Vice President, Information Technology

Responsible for all facets of information technology utilization at NES Financial, Lou drives IT strategy, Business Continuity, information systems, infrastructure, security, telecommunications, applications, and support. With over 20 years of IT experience, Lou’s background includes infrastructure architecture and design, ERP systems, database clustering, software design and development, virtualization technologies, project management, disaster recovery, and Business Continuity. Lou has worked effectively in both large and small company environments with companies such as Intel, Flextronics, Solectron, Extreme Networks, Palm, GE, and Bio-Rad.

Jill Jones

Assistant General Counsel
Jill Jones

Assistant General Counsel

Having been directly involved in over 350 EB-5 projects and as a member of the IIUSA Board of Directors, Jill brings to NES Financial extensive experience working with Regional Centers, developers, and securities law professionals. Jill is uniquely skilled at efficiently structuring subscription escrows for EB-5 development projects and is highly regarded throughout the EB-5 market sector. A licensed attorney in the state of Texas, Jill’s background includes over 10 years of title, escrow, and 1031 exchange experience.

Harold Patch photo

Harold Patch

Director of Fund Administration USA
Harold Patch photo
Harold Patch

Director of Fund Administration USA

Harold Patch is the Director of Fund Administration at NES Financial, where he’s responsible for all Fund Administration execution in North America. In this role, he oversees all aspects of investor onboarding and servicing, fund accounting and financial reporting for our private equity, real estate and opportunity zone clients. Harold brings more than 16 years of fund administration experience to the NES Financial team, all of which has been focused in the alternative investment space.

Prior to joining NES Financial, Harold was a Vice President at State Street in the Alternative Investment Solutions division. During his time there, Harold held a variety of fund accounting and financial reporting roles for hedge fund and private equity fund clients.